Managers Are Often Correct That the Company Would Benefit from Advanced

Managers are often correct that the company would benefit from advanced manufacturing technology.However,the present value of future cash flows analysis usually results in a negative net present value for the investment because of the exclusion of benefits that are difficult to quantify such as

A) greater flexibility in the production process.
B) shorter cycle times and lead times.
C) reduction of non-value-added costs.
D) all of the above.